Abu Dhabi / WAM Abdullah bin Touq Al Marri, Minister of Economy, highlighted the deep-rooted relations between the UAE and Canada, and noted that they have witnessed significant overall growth, aided by the support of their leadership. He made this statement during his meeting with Omar Alghabra, Canadian Minister of Transport, at headquarters of Ministry of Economy in Dubai. ...
Read More »News
Emirati women entrepreneurs own businesses worth AED60b
Sharjah / WAM A survey conducted by Nama Women Advancement, in partnership with UN Women, found that 77.6% of women-owned businesses (WOB) in the UAE are led by those under the age of 40. Of the 1,000 female business owners who took part in the survey, 48.8% are CEOs and 61.4% are sole proprietors, a clear indicator that Emirati entrepreneurs, ...
Read More »Deal signed to accelerate digital transformation efforts in UAE
Dubai / WAM Dell Technologies and G42 Cloud have signed a memorandum of understanding (MoU) to help customers in the UAE accelerate their digital transformation drive by collaborating on cloud, security and IT and managed services. The MoU was signed by Walid Yehia, General Manager – UAE, Dell Technologies, and Talal Al Kaissi, CEO of G42 Cloud, at Dell ...
Read More »UAE economy survived economic impact of Covid-19, says IMF official
Abu Dhabi / WAM The UAE economy has quickly survived the economic impact of the Covid-19, with near-term economic growth being strong, underpinned by a rebound in domestic activity, while elevated oil prices support high surpluses in the fiscal and external balances, according to a top IMF official. “Economic growth has been robust this year, led by a strong ...
Read More »UAE launches corporate tax public awareness program
Abu Dhabi / WAM The Ministry of Finance (MoF) has launched a Corporate Tax Public Awareness Programme following the issuance of the Federal Decree-Law on Taxation of Corporations and Businesses. The launch of the programme was announced during a media briefing held on Thursday by the ministry to raise public awareness of corporate tax in the UAE and abroad. ...
Read More »Sharjah’s SRTI Park to up investment in 3D printing
Sharjah / WAM The Sharjah Research, Technology and Innovation Park (SRTIP) is increasing the investment in 3D printing with the goal of promoting innovation in a number of sectors and industries, including the crucial manufacturing sector. With the UAE becoming a global competitor in the field of 3D printing, Sharjah is steadily moving towards taking a frontline position in this ...
Read More »Etihad marks festive season with special-themed menu
Abu Dhabi / Gulf Time With over 1.5 million passengers expected over the winter break, Etihad Airways, the national airline of the UAE, will be celebrating the festive season in the sky with a special-themed menu and props for guests on board selected flights. Over the festive period, the classic festive themed menu will be available from December 23-25 ...
Read More »Enoc opens latest compact station in Umm Al Qaiwain
Dubai / WAM Enoc group has announced the opening of its latest compact station in the Al Aqran area of Umm Al Qaiwain. This marks the second compact station opening in the emirate, and the fourth across the UAE this year. The new site has been strategically located to offer greater convenience to motorists, catering to traffic coming to ...
Read More »flydubai flies 130,000 football fans to Qatar on 1,290 shuttle flights
Dubai / Gulf Time Dubai-based flydubai announced on Thursday that it has enabled more than 130,000 football fans to travel conveniently to take part in the biggest football tournament in the world. The carrier has operated 1,290 flights between Dubai World Central (DWC) and Doha International Airport (DIA) between November 21 and December 19. Passengers from 171 countries travelled ...
Read More »In 2023, City of London hopes for change to bolster growth
Bloomberg After a jarring six months marked by sweeping policy promises, U-turns and four Chancellors of the Exchequer, UK financiers head into 2023 uncertain that the coming year will finally usher in substantive reforms to the City of London. Current Chancellor Jeremy Hunt promised in this month’s Edinburgh Reforms to “turbocharge growth†for the country’s banks, insurers and asset managers. ...
Read More »